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Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Heist
In a decisive move that underscores the growing willingness of stablecoin issuers to intervene in illicit activity, Circle and Tether have jointly taken steps to freeze a cryptocurrency wallet that was used in a high‑profile theft from the Bitget exchange. The coordinated effort came after investigators traced a substantial portion of the stolen funds to a single address that held approximately $…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Move to Lock Down Hacker’s Wallet Following Large Bitget Cryptocurrency Robbery
In the wake of a dramatic theft that rattled the cryptocurrency exchange Bitget, two of the most prominent stablecoin issuers—Circle, the creator of USDC, and Tether, the operator of USDT—have taken coordinated action to try to stem the flow of stolen funds. Their strategy centers on blacklisting a specific wallet that was identified as a primary repository for the illicit proceeds, a move that e…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In a decisive move that underscores the growing responsibility taken by stablecoin issuers in the fight against cryptocurrency crime, both Circle and Tether have announced that they have blacklisted a digital wallet linked to a recent, high‑profile theft from the Bitget exchange. The wallet in question was identified as holding approximately $318,000 worth of stablecoins—specifically USDT (Tether…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In a swift and coordinated response to one of the most high‑profile cryptocurrency thefts of the year, two of the world’s leading stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to block a wallet that was identified as the primary repository for the stolen funds. The move comes after a massive heist at the Bitget exchange, where hacker…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Major Bitget Crypto Theft
In the wake of a high‑profile crypto robbery that targeted Bitget, two of the most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—took coordinated steps to impede the thief’s ability to move a portion of the ill‑gotten gains. By blacklisting a specific wallet address that held approximately $318,000 worth of their respective stablecoins, the firms ai…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In the wake of a high‑profile robbery that targeted the Bitget cryptocurrency exchange, two of the world’s most prominent stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive steps to impede the thief’s ability to move the stolen digital assets. By adding the offending address to their respective blacklists, the firms have effectively frozen appr…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet After Major Bitget Crypto Theft
In a decisive response to one of the most high‑profile cryptocurrency thefts of the year, two of the world’s leading stablecoin issuers, Circle and Tether, announced coordinated steps to block a digital wallet that was identified as belonging to the hacker responsible for the massive Bitget heist. The move marks a rare instance of stablecoin issuers directly intervening in the aftermath of a cybe…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Major Bitget Crypto Theft
In the wake of a dramatic cyber‑theft that rattled the cryptocurrency exchange Bitget, two of the most influential issuers in the stablecoin market—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive steps to curb the further movement of the stolen funds. By blacklisting a specific blockchain address that holds approximately $318,000 in their respective stablecoin…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether act to lock down hacker's wallet following large Bitget cryptocurrency theft
In a decisive move that underscores the growing willingness of stable‑coin issuers to intervene when illicit activity threatens the broader crypto ecosystem, Circle and Tether have jointly taken steps to freeze a digital wallet believed to belong to the hacker responsible for the recent, high‑profile theft from the Bitget exchange. The coordinated effort marks one of the most notable instances to…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In a decisive move that underscores the growing collaboration between stablecoin issuers and cryptocurrency exchanges, Circle and Tether have taken steps to block a digital wallet that was identified as the repository for a substantial portion of the assets stolen in the recent Bitget hack. The coordinated effort comes after a high‑profile breach that saw attackers siphon off a large quantity of …
Sept. 25, 2026, 2:41 p.m.